Flight Centre Travel Group Limited Raised $138 million with Retail Entitlement Offer

  • May 06, 2020 AEST
  • Team Kalkine

Flight Centre Travel Group Limited (ASX:FLT) notified the market about the completion of retail entitlement offer of new fully paid ordinary shares. The retail component is of 1 for 1.74 accelerated non renounceable pro rata entitlement offer.

The retail entitlement offer raised a total of $138 million at an offer price of $7.20 per new share. The total amount raised was nearly $700 million, with institutional component and institutional placement of the entitlement offer. 

The underwriters and joint lead managers to the offer were UBS AG (Australia Branch) and Macquarie Capital (Australia) Limited.


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